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Commercial Real Estate for Sale at 3023 Frederick Drive in Youngstown, OH for $1,624,500

Listing data last changed 03/13/2025 - 12:48pm
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3023 Frederick Drive | Youngstown

$1,624,500 | 0.0 Sq. Ft.

5 Six- plex buildings 30 units. 19- two bedroom apartments; 11 - one bedroom apartments. Coin operated washer and dryers brings in approximately $4,600 per year. Current rents are low and could be increased to reflect the market. Gross revenue $237,460,00. Total expenses $76,294.65. NOI $161,165.35. Flat roofs within last 6 years. New windows and Siding within 3 years. Black top 8 years old. Many up grades to apartments remodeling \r\n\r\nThis property can be divided as a 6 plex, 12 units, 24 units or the full 30 units. MLSNow 5104846 Directions to property: From Gypsy Lane, head north onto Belmont Ave. Turn right onto Colonial then turn left onto Frederick Drive.

MLS Listing ID: 
MLSNow 5104846
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,624,500
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Youngstown
Address: 
3023 Frederick Drive, Youngstown, OH 44505
County: 
Trumbull
Latitude: 
41.1380560
Longitude: 
-80.6639090
Directions: 
From Gypsy Lane, head north onto Belmont Ave. Turn right onto Colonial then turn left onto Frederick Drive.
Public Remarks: 
5 Six- plex buildings 30 units. 19- two bedroom apartments; 11 - one bedroom apartments. Coin operated washer and dryers brings in approximately $4,600 per year. Current rents are low and could be increased to reflect the market. Gross revenue $237,460,00. Total expenses $76,294.65. NOI $161,165.35. Flat roofs within last 6 years. New windows and Siding within 3 years. Black top 8 years old. Many up grades to apartments remodeling \r\n\r\nThis property can be divided as a 6 plex, 12 units, 24 units or the full 30 units.
Community Information
School District: 
Liberty LSD - 7813
Subdivision: 
Richard
Building Details
Details about the building on a property.
Year Built: 
1968
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas,Hot Water,Steam
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.19
Lot Size (Area): 
0.19
Public Record
Parcel Number: 
12-426375
Annual Tax: 
$1,793.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Burgan Real Estate

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